From Financial Modeling Prep: 2025-06-03 14:29:00

Ollie’s Bargain Outlet (NASDAQ:OLLI) exceeded Q1 expectations with earnings of $0.75 per share, up from projected $0.71. Revenue rose 13.4% to $576.8 million, beating estimates. Comparable store sales increased by 2.6%, driven by more customer transactions. The company added 25 new locations, totaling 584 stores across 32 states.

Despite strong performance, Ollie’s maintained full-year guidance of earnings per share between $3.65 and $3.75 and revenue of $2.58 to $2.6 billion. The stock dipped over 1% today as investors reacted cautiously to unchanged guidance. The company’s figures align with analyst expectations.



Read more at Financial Modeling Prep:: Ollie’s Delivers Strong Q1 Results, But Shares Sli…